SI Silver Futures Weekly Chart Analysis: 2026-Oct-08 07:10 CT

Price Action

• Last: 59.495,
• Bars: Small,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: -33%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -20%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -191%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 58.730,
• 4. Pvt. Next: Pvt high 69.960,
• 5. Levels R: 105.860, 94.345, 91.315, 72.050,
• 6. Levels S: 58.790, 55.790, 51.050, 48.510, 31.695.

Weekly Benchmarks

• (Short-Term) 5 Day: 64.860 Down Trend,
• (Short-Term) 10 Day: 65.120 Down Trend,
• (Intermediate-Term) 20 Day: 65.640 Down Trend,
• (Intermediate-Term) 55 Day: 64.840 Down Trend,
• (Long-Term) 100 Day: 55.080 Up Trend,
• (Long-Term) 200 Day: 43.400 Up Trend.

Recent Trade Signals

• 08 Oct 2026: Short SI 12-26 @ 59.495 Signals.USAR-MSFG
• 07 Oct 2026: Short SI 12-26 @ 59.91 Signals.USAR.TR120
• 07 Oct 2026: Short SI 12-26 @ 59.875 Signals.USAR-WSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Neutral.

Key Insights Summary

Silver remains in a broad corrective downswing following the earlier parabolic advance, with price below the weekly, monthly, and yearly F0%/NTZ reference areas. The pivot sequence remains bearish, defined by lower highs and a developing pivot low near 58.730. Price is also beneath the declining 5, 10, 20, and 55-week benchmarks, reinforcing weak short- and intermediate-term structure. The 55.790 and 51.050 support zones frame the lower swing structure, while 69.960 is the next pivot-reversal threshold and 72.050 is the nearest major resistance. Longer-term moving averages remain positively aligned below price, but the deeply negative yearly grid position reflects a substantial retracement and produces a mixed long-term condition.